Phil Urban Buys 51 Shares of Mitchells & Butlers (LON:MAB) Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 51 shares of the business’s stock in a transaction on Friday, September 11th. The stock was purchased at an average price of GBX 273 per share, for a total transaction of £139.23.

Phil Urban also recently made the following trade(s):

• On Friday, August 14th, Phil Urban purchased 48 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 285 per share, with a total value of £136.80.
• On Friday, July 17th, Phil Urban purchased 52 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 267 per share, with a total value of £138.84.
• On Friday, June 19th, Phil Urban acquired 58 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 239 per share, for a total transaction of £138.62.

Mitchells & Butlers Stock Up 1.1%

Mitchells & Butlers stock opened at GBX 270 on Monday. The company has a current ratio of 0.48, a quick ratio of 0.46 and a debt-to-equity ratio of 47.97. Mitchells & Butlers plc has a 1-year low of GBX 223.50 and a 1-year high of GBX 301.50. The company has a fifty day simple moving average of GBX 274.78 and a 200 day simple moving average of GBX 263.33. The company has a market cap of £1.60 billion, a P/E ratio of 8.82, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 355 price target on shares of Mitchells & Butlers in a research note on Thursday, May 21st. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Mitchells & Butlers currently has a consensus rating of “Moderate Buy” and an average target price of GBX 558.75.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.